110 Bill Briercliffe Drive

Property Overview

This property at 110 Bill Briercliffe Drive in Winnipeg’s Peguis neighbourhood presents a specific value proposition. Its key characteristic is an extremely low municipal assessed value of $11,700, which is notably below the typical range for a residential lot. The land itself is a standard city lot of 3,688 square feet. The appeal lies almost entirely in its potential as a blank canvas or investment holding parcel, as the data suggests there is likely no primary structure of significant value on the site. It ranks as the newest build on its street and within the broader area, but this appears to be relative to a very low baseline.

This property would suit a very specific type of buyer: land investors, builders looking for a lot to develop, or someone with the capability and intention to place a new home or modular structure. It is not a turn-key home and would not suit a buyer seeking immediate occupancy.

Frequently Asked Questions

1. What exactly am I buying here?
You are primarily purchasing a residential lot. The exceptionally low assessed value and lack of detailed living area information strongly indicate there is no conventional house on the property. There may be a basic structure or it may be vacant.

2. Why is the assessed value so much lower than nearby properties?
The assessed value reflects the municipality’s valuation for tax purposes. A value this low typically means there is little to no taxable structure on the land. Neighbouring properties with similar addresses but higher values may have homes, while comparable $11.7k assessments in the area are often condominium units or bare land.

3. Can I build a house here?
Prospective buyers must verify with the City of Winnipeg to confirm the lot is zoned for residential construction and to understand all building requirements, utility connections, and associated development fees, which could be substantial.

4. Is this a good investment?
As an investment, it hinges on future development potential in the Peguis area. The low carrying cost (property taxes) is a plus for holding the land, but the return depends entirely on the area’s growth and your ability to develop or sell the lot later at a profit.

5. Are utilities available to the lot?
This is a critical question. You must confirm with the city and local providers that water, sewer, natural gas, and electrical services are available at the lot line and what the costs are to connect them.